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Copywritor: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

Copywritor

BE 0757.990.167
NACE 73.110, Advertising agencies
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
€11,874
2020 · €1,614+€10,260
Equity
€13,588
2020 · €1,714+€11,874
Cash
€4,193
2020 · -+€4,193
Balance sheet total
€28,584
2020 · €8,152+€20,432

Largest movements

2020 to 2021
Assets
  • Receivables within one year +€15,469

    up €15,469 (+189.8%), from €8,152 to €23,621

    of which Trade receivables: +€14,333

  • Cash +€4,193

    new in 2021: €4,193

    mainly Net result for the year (+€11,874) and Debts within one year (+€8,558)

  • Deferred charges and accrued income +€471

    new in 2021: €471

  • Financial fixed assets +€300

    new in 2021: €300

Equity and liabilities
  • Equity +€11,874

    up €11,874 (+692.8%), from €1,714 to €13,588

    of which Profit (loss) carried forward: +€11,874

  • Debts within one year +€8,558

    up €8,558 (+132.9%), from €6,438 to €14,996

    of which Tax, wage and social debts: +€7,682

Income statement
  • Gross operating margin +€14,611

    up €14,611 (+706.2%), from €2,069 to €16,680

  • Taxes +€3,768

    up €3,768 (+925.8%), from €407 to €4,175

  • Financial charges +€451

    new in 2021: €451

  • Other operating charges +€180

    new in 2021: €180

From the 2020 result to the 2021 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2020 €1,614
Gross operating margin +€14,611
Other operating charges -€180
Financial income +€0
Financial charges -€451
Other financial items +€48
Taxes -€3,768
Result 2021 €11,874

Cash bridge derived

cash 2020 to 2021

Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€4,493
Investment -€300
Financing -€0
Cash 2020 €0
Net result for the year +€11,874
Receivables within one year -€15,469
Deferred charges and accrued income -€471
Debts within one year +€8,558
Investment in fixed assets (net) -€300
Contributions, distributions and other -€0
Cash 2021 €4,193
Every line side by side 31 lines
Line Code 2020 2021 Change %
Total assets 20/58 €8,152 €28,584 +€20,432 +250.6%
Fixed assets 21/28 - €300 +€300
Financial fixed assets 28 - €300 +€300
Current assets 29/58 €8,152 €28,284 +€20,132 +247.0%
Amounts receivable within one year 40/41 €8,152 €23,621 +€15,469 +189.8%
Trade receivables 40 - €14,333 +€14,333
Other amounts receivable 41 - €9,287 +€9,287
Cash at bank and in hand 54/58 - €4,193 +€4,193
Deferred charges and accrued income 490/1 - €471 +€471
Total equity and liabilities 10/49 €8,152 €28,584 +€20,432 +250.6%
Equity 10/15 €1,714 €13,588 +€11,874 +692.8%
Contributions 10/11 - €100 +€100
Profit (loss) carried forward 14 €1,614 €13,488 +€11,874 +735.7%
Amounts payable 17/49 €6,438 €14,996 +€8,558 +132.9%
Amounts payable within one year 42/48 €6,438 €14,996 +€8,558 +132.9%
Trade debts 44 €3,229 €7,314 +€4,085 +126.5%
Suppliers 440/4 - €7,314 +€7,314
Taxes, remuneration and social security 45 - €7,682 +€7,682
Taxes 450/3 - €5,922 +€5,922
Remuneration and social security 454/9 - €1,760 +€1,760
Other operating charges 640/8 - €180 +€180
Gross operating margin 9900 €2,069 €16,680 +€14,611 +706.2%
Operating profit (loss) 9901 €2,069 €16,500 +€14,431 +697.5%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B - €451 +€451
Recurring financial charges 65 €48 €451 +€403 +838.5%
Profit (loss) for the period before taxes 9903 €2,021 €16,050 +€14,029 +694.1%
Income taxes 67/77 €407 €4,175 +€3,768 +925.8%
Profit (loss) for the period 9904 €1,614 €11,874 +€10,260 +635.7%
Profit (loss) for the period to be appropriated 9905 €1,614 €11,874 +€10,260 +635.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.